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Trinet Group TNET Operating Lease Liabilities (Current)

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Other financials

Income statement

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Revenue$1.2B-5.1%
Operating income$58.0M-50.0%
Net income$89.0M+4.7%
EPS (diluted)$1.90+11.1%

Balance sheet

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Cash & equivalents$1.4B+8.4%
Total debt$946.0M+0.1%
Total equity$83.0M+31.7%
Total assets$3.4B-9.4%

Cash flow

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Operating cash flow$149.0M+56.8%
CapEx$26.0M+62.5%
Free cash flow$123.0M+55.7%

Valuation

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Market cap$3.14B+3.0%
Enterprise value$2.7B+4.9%
P/E19.7×
P/S0.6×0.0×

Profitability

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Gross margin93.6%
Operating margin6.8%-2.1pp
Net margin3.2%
FCF margin5.6%+1.5pp

Returns & leverage

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Return on equity219.2%
Debt / equity11.4×-3.6×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Trinet Group in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityCurrent.

The source filing: Trinet Group’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:31 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000937098-26-000034
(in millions, except share and per share data)March 31, 2026December 31, 2025
Accrued health insurance costs, net193207
Accrued workers' compensation costs, net4442
Payroll tax liabilities and other payroll withholdings1,2891,671
Operating lease liabilities1110
Insurance premiums and other payables99
Total current liabilities2,2262,637
Long-term debt, noncurrent896895
Accrued workers' compensation costs, noncurrent, net109106

Item 1.26. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Trinet Group's operating lease liabilities (current)?
Trinet Group (TNET) reported operating lease liabilities (current) of $11M in Q1 2026.
How has Trinet Group's operating lease liabilities (current) changed year-over-year?
Trinet Group's operating lease liabilities (current) decreased by 8.3% year-over-year, from $12M to $11M.
What is the long-term trend for Trinet Group's operating lease liabilities (current)?
Over 5 years (2020 to 2025), Trinet Group's operating lease liabilities (current) has grown at a -1.9% compound annual growth rate (CAGR), from $11M to $10M.
What does operating lease liabilities (current) mean?
The current portion of operating lease obligations due within one year, representing committed future lease payments under ASC 842.

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